Roth and Niblock of Friedman-Roth complete $9.1 million sale
Friedman Roth Realty Services LLC arranged the sale of 9 apartments and 2 stores located at 157-159 East 33rd Street in the Murray Hill section of the borough. The properties were sold for $9.1 million or just under $1,000 per existing s/f and a rent multiple just north of 18 times the gross rent roll. Eric Roth and George Niblock, managing partners of Friedman-Roth, exclusively represented the seller while Friedman-Roth's Lily Ren, procured the purchaser on this transaction.
Brooklyn, NY Investment Property Realty Group (IPRG), a New York-based commercial investment firm, has closed the sale of 1094 Hancock St., a mixed-use building in the Bushwick section, for $1.75 million.
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
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